A security is listed for trading on the exchange.

“Listing” means that a security – a stock, bond, etc. – is now available to be traded on a specific market segment within an exchange. When a security is listed on FWB® Frankfurter Wertpapierbörse (the Frankfurt Stock Exchange), it is tradable on the exchange floor and/or on the Xetra® electronic trading system.

If the listing is for share in a company and the admission occurs on a publicly regulated market (Prime Standard and General Standard), then it is referred to as share placement. If the company also raises new capital and is legally required to provide a prospectus when making the placement, this is called an initial public offering (IPO).

Our glossary explains important financial terms and should not leave any questions unanswered. However, if you are missing a definition, please write to us at We will then include the term if possible.